SAMTEX.BO Samtex Fashions BSE -21.35% after hours 20 Jan 2026: watch INR 1.38

After hours trading shows SAMTEX.BO stock down sharply to INR 1.40, off 21.35% on 20 Jan 2026. Volume spiked to 261,144 shares versus an average of 29,036, signalling heavy selling pressure in the BSE session. The price move pushed the stock well below its 50-day average of INR 2.01 and 200-day average of INR 2.41. This article breaks down the drivers, fundamentals, technicals, Meyka AI grade and forecast, and short-term trading levels for Samtex Fashions Limited on the India (BSE) market.

Price action: why SAMTEX.BO stock fell in after hours

Shares of Samtex Fashions Limited (SAMTEX.BO) collapsed to INR 1.40 in after hours trade on 20 Jan 2026. The one-day decline was 21.35%, with the session low at INR 1.38. Trading volume jumped to 261,144 shares, nearly nine times the average daily volume of 29,036, confirming aggressive liquidation. The sharp drop followed no public earnings update, suggesting liquidity-driven selling and stop-loss cascades.

Fundamentals snapshot for SAMTEX.BO stock

Samtex Fashions reports an EPS of -0.04 and a trailing PE of -42.00, reflecting negative earnings. Market capitalisation stands at INR 125,160,000.00 with 74,500,000 shares outstanding. Cash per share is INR 0.13 while book value per share is deeply negative at INR -32.17, signalling balance sheet stress. Enterprise value is unusually high relative to market cap at INR 5,749,251,000.00, indicating possible debt or working capital distortions.

Technical view and short-term levels for SAMTEX.BO stock

Momentum indicators show the stock oversold: RSI 29.11 and CCI -214.50, which often precede short bounces. ADX at 47.03 implies a strong trend, currently downward. Immediate support is the day low INR 1.38 and resistance sits near the session high INR 1.77 and the 50-day average INR 2.01. On volume, on-balance-volume is negative -695,437, confirming distribution.

Meyka AI grade and SAMTEX.BO stock forecast

Meyka AI rates SAMTEX.BO with a score out of 100: Score: 60.78 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects monthly INR 1.77, quarterly INR 0.86, and yearly INR 1.85. Compared with the current price INR 1.40, the yearly forecast implies an upside of 31.83% to INR 1.85. Forecasts are model-based projections and not guarantees. For context, Meyka AI is an AI-powered market analysis platform.

Risks and sector context for SAMTEX.BO stock

Samtex operates in the Manufacturing – Textiles industry within the Industrials sector, where mid-cap apparel peers show better leverage and margins. Key risks include negative shareholders’ equity per share (INR -32.17), an interest coverage ratio of -901.00, and very low current and quick ratios near 0.01, all pointing to liquidity stress. Sector performance has been weak year-to-date, increasing downside risk for cyclical textile names.

Trading strategy and near-term outlook for SAMTEX.BO stock

For short-term traders, consider tight risk controls: place stop-losses below INR 1.36 and watch intraday volume spikes for trend confirmation. Swing traders seeking rebound should wait for RSI recovery above 35 and daily close above INR 1.77. Longer-term investors should monitor quarterly financial updates and working capital improvements before adding exposure.

Final Thoughts

SAMTEX.BO stock traded lower in after hours on 20 Jan 2026 to INR 1.40, down 21.35%, driven by elevated selling and thin liquidity. Fundamentals show earnings weakness (EPS -0.04) and stressed balance-sheet metrics, including negative book value and poor current ratios. Technicals are oversold with RSI 29.11 and strong downward ADX 47.03, so a short-term rebound is possible but risky. Meyka AI’s forecast model projects a yearly level near INR 1.85, implying about 31.83% upside from the current price, but that projection is model-based and not a guarantee. Given the mix of severe balance-sheet concerns and oversold technicals, our view is cautious: traders may seek quick setups with strict stops, while longer-term investors should wait for clearer financial recovery signals and improved liquidity before increasing positions.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.